Gillen Brewer School

“The organization has its form 990 prepared by an outside accounting firm. The cfo, controller, head of school, and the audit committee review the form 990. If there are any changes, they are addressed and a final copy of the completed form 990 is sent to the board of trustees prior to filing with the irs.”

“The organization has a written conflict of interest policy that applies to all related parties who are required to disclose annually interests that could give rise to conflict. The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. A related party includes: (1) any trustee, officer or key employee of the corporation or an affiliate; (2) a relative of any trustee, officer, or key employee of the corporation or an affiliate or (3) any entity in which any individual described in clause (1) or (2) of this definition has a thirty-five percent or greater ownership or beneficial interest in, except that in the case of a partnership or professional corporation, in which any individual described in clause (1) or (2) above has a direct or indirect ownership interest in excess of five percent. "conflict of interest" means any situation, circumstance or state of affairs in which an individual is in a position to approve or influence the policies or actions of the corporation which: (1) involves personal interests or financial interests of the individual that may be inconsistent with, or divergent from, the interests of the corporation; or (2) could ultimately harm or benefit financially: (a) the individual; (b) any relative of the individual; or (c) any entity in which any individual described in clause (a) or (b) of this definition has a five percent or greater ownership or beneficial interest. A trustee, officer or key employee shall disclose a potential conflict of interest: (a) prior to voting on or otherwise discharging his or her duties with respect to any matter involving the potential conflict of interest which comes before the board or any committee thereof; (b) prior to entering into any contract or transaction involving the corporation; (c) as soon as possible after the trustee, officer or key employee shall learn of a conflict of interest in any other context. Disclosure of the material facts surrounding the trustee, officer or key employee's conflict of interest shall be made to the chairperson and the chair of the audit committee. The trustee, officer or key employee shall thereafter refrain from participating in deliberations and decisions, relating to the matter though he or she may be asked for information about the conflict of interest.”

“The board of trustees determines and approves the salaries of the organization's officers. The process includes a review of comparable compensation of similar schools obtained from industry organizations including the new york state association of independent school (nysais), non profit coordinating committee of new york (npcc), interagency council of developmental disabilities agencies (iac), and other similar industry support organizations. This information is augmented by board members making personal contact with several local special needs schools to determine the details of compensation packages for their officers. The full board reviews the information, discusses the findings, and decides and votes on a compensation package. The result of the deliberations is contemporaneously documented in the board minutes. The process was done during fiscal year 2024.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, form 990, form 1023, and by-laws are also available upon written request or by calling the organization directly.”

“Write off of uncollectible pledges -103,809.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements. This process has not changed from the prior year.”